I NDIAN MARKET NIFTY OUTLOOK FOR NEXT WEEK By Andrews Joseph 12th February 2022 1. Nifty is not able to break the ALL TIME HIGH of 18604 nor the low on 16 th December 2021- 16410. and it was in consolidation phase for the past 5 months and closed in red down by 231 points ended in 17374 on friday day this week. 2. In the above chart Nifty has formed a symmetrical triangle pattern on a daily time frame as well as in hourly time frame . neither the we can see an uptrend nor a downtrend hovering around and gave solid move of more than 8000 points up and down during this consolidation phase. 3. Inflation data of US which is out on this week hits highest level in 40 years as price rise 7.5% which is worry some factor as this will lead to fed tapering sooner and increase the interest hike in march itself. 4. During the month of January 2022 FIIs sold about 41,346.35 cr...
February 01, 2022 Andrews Joseph Some Hot topic for the budget: Import duties on gold, metal and consumer products Privatisation Capital infusion in psu banks Infrastructure Sector Agriculture Sector PLI schemes Taxation policy Defense Industry make in India Healthcare River link Ayushmaan bharat schemes Green Energy. INDIA FIN MIN SAYS INDIA RIVER LINKING FOR 5 RIVERS FINALIZED Draft DPRs of five river links, namely Damanganga-Pinjal, Par-Tapi-Narmada, Godavari-Krishna, Krishna-Pennar and Pennar-Cauvery have been finalized. Once a consensus is reached among the beneficiary states, theCentre will provide support for implementation. INDIA FIN MIN SAYS INDIA PLANS NEW PACKAGE FOR FARMERS WITH STATE GOVT For farmers to adopt suitable varieties of fruits and vegetables, and to use appropriate production and harvesting techniques, our government will provide a comprehensive package with participation of state governments INDIA FIN MIN SAY INDIA ECLGS SCHEME TO ...